This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Wednesday, 27 May 2015
(chart form Ron Walker) 34 points down... a close below the 21 points up marker would be encouraging that this might be a wave 2 (or B)
2 things that is going against the B or 2nd wave view.
ReplyDelete- Impulsive UP
- No 3 wave pattern
Can't say it wont go lower, but odds say no to corrective move up.